August 2020 Real estate market overview.

New Listings Aug 2020 - 166 new vs Aug 2019- 187 a decrease of 11.2%

Pending Sales Aug 2020- 176 vs Aug 2019 - 168 a increase of 4.8%

Closed Sales Aug 2020 - 195 vs Aug 2019 - 190 a increase of 2.6%

Avg Sale Price Aug 2020 - $228,910 vs Aug 2019- $204,019 this is an increase of 12.2%

 

New home listings are still down for the year and the buyers are still very active making it a sellers market for the Grand Rapids MN area.

If you thinking of selling give us a call at 218-326-0323.

These numbers are from the Itasca Board of Realtors.